JPMorgan intends to price autocallable yield notes linked to indexes

By Devika Patel

Knoxville, Tenn., June 30 – JPMorgan Chase Financial Co. LLC plans to price 6% autocallable yield notes due Oct. 23, 2018 linked to the lesser performing of the Russell 2000 index, the Euro Stoxx 50 index and the PowerShares QQQ Trust, series 1, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by JPMorgan Chase & Co.

Interest is payable monthly.

The notes will be called at par plus the interest payment if each underlying closes at or above its initial level on any quarterly review date.

The payout at maturity will be par unless any underlying closes below its 66% trigger level on any day during the life of the notes and any underlying finishes below its initial level, in which case investors will lose 1% for each 1% decline of the worst performer from its initial level.

J.P. Morgan Securities LLC is the agent.

The notes (Cusip: 46647MTE3) will price on July 18 and settle on July 21.

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